BCR Latest News

Sweden 2006-2007 future of factoring closely linked to enhancement of…

The factoring sector remains optimistic about its future and further developments are anticipated. However, the growth rate in volumes seen…


New Partnership creates world’s first total asset valuation specialists

Intangible Business, the independent brand valuation consultancy, and GoIndustry, the hard asset valuations and auction sales specialist, have created a…


Surecomp appoints new sales director

Surecomp has appointed Edwige Lemercier as Sales Director responsible for the receivables management division. Lemercier started her career with CGA,…


Mechanics of factoring revisited II

In this series of articles we revisit the mechanics of factoring. In this section we look at the client payment…


What corporates need to know about using SWIFT, Part II

This is the second part of a two-part article about SWIFT and the implications of the new Corporate Access CUG…


PIMA hosts major national symposium on financial crime

PIMA is to host a major symposium on financial crime on May 9 in London. The keynote address will be…


Wells Fargo HSBC Trade Bank launches cross-border lending in China

The Wells Fargo HSBC Trade Bank launched a cross-border lending initiative today that makes it the first financial services company…


Exporters look to government for export credit insurance

Namibian exporters and traders need access to credit insurance to cover risks associated with exports to enable them to expand…


First Capital names Brown international region MD

Anthony Brown was named international region managing director, a new position with First Capital, under which this financial-services firm does…


Bayside announces enhancements to FactorSoft Live

Bayside Business Solutions, the makers of FactorSoft, the portfolio management software platform for factors and accounts receivable financers of all…


Debt Resolve to Acquire Creditors Interchange for USD64m

Debt Resolve, Inc. announced it has entered into a definitive agreement to acquire Creditors Interchange Receivables Management, LLC (Creditors Interchange),…


Coface North America launches receivables finance, factoring business line

Coface North America, part of the global credit management services provider, Coface S.A., announced that it has begun trade receivables…


FDA to launch E-Learning foundation course

The FDA are delighted to announce the launch of the third FDA e-learning initiative - the e-Learning Foundation course. (more…)


MCA to set up centre to assist SMEs

The MCA will set up a small- and medium-sized enterprises (SME) Financing and Resource Facilitating Centre to provide industry players…


Government to look into refusal of export credit to small-scale…

Export credit to the pharmaceutical industry increased by 30 percent to Rs16,200 crore in 2005-2006 from Rs12,682 crore in 2004-2005.…


Banco Supervielle joins IFC trade finance program

Argentina's Banco Supervielle has joined the International Finance Corporation (IFC's) global trade finance program as an issuing bank, IFC said…


Coface to launch factoring options in 3 countries

French credit insurer Coface will this year launch factoring services in Mexico, Brazil and Argentina and enter Uruguay's credit insurance…


Input/Output selects SunGard’s AvantGard for receivables management

SunGard has announced that Input/Output, Inc., a leading technology-focused seismic solutions provider for the global oil and gas industry, has…


Canam Credit welcomes James Cox to team of directors

Canam Credit Company Inc. which is in the factoring and private lending business, has announced the addition of James (J.R.) Cox, as…


ADB provides Kazkommertsbank with US$100m guarantees

The Asian Development Bank (ADB) is providing a US$100m credit guarantee to securitize the diversified payment rights (DPR) of Kazkommertsbank…


IFC, Sri Lankan banks promote lending for small enterprises

The International Finance Corporation (IFC) has joined hands with six Sri Lankan private banks to educate SME owners on getting…


ICICI Bank launches Rs 100-cr fund for SMEs

ICICI Bank announced a Rs100-crore fund to support innovation and development of green businesses in India. (more…)


BBVA unit aims for US$1.77bn in SME loans at year-end

Mexico's largest bank BBVA Bancomer is aiming for US$636m in new SME loans this year to expand its loan book…


IDB adds Banco Estado to trade finance program

Chile's state-owned BancoEstado has joined the Inter-American Development Bank's (IDB) regional trade finance facilitation program (TFFP), IDB said in a…


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